UNDERREPORTED STORY OF THE WEEK: House Climate Bill Wouldn’t Cut U.S. Oil Dependence Much
July 3rd, 2009
Despite its title as the “American Clean Energy and Security Act,” the energy and climate bill that the House of Representatives passed recently takes only a modest step toward reducing U.S. dependence on foreign oil. Two studies project that the legislation would cut oil use in the future, but not enough to make much of a dent in dependence on oil from unstable or unfriendly foreign suppliers. Some experts say that other steps will be needed to cut U.S. oil use significantly. The nonprofit
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